Section 359.401 – Nature of partnership interest.

Effective – 01 Jan 1987 359.401. Nature of partnership interest. — A partnership interest is personal property. ­­——– (L. 1985 H.B. 512 & 650) Effective 1-01-87

Section 359.411 – Assignment of partnership interest — rights of assignee.

Effective – 01 Jan 1987 359.411. Assignment of partnership interest — rights of assignee. — Except as provided in the partnership agreement, a partnership interest is assignable in whole or in part. An assignment of a partnership interest does not dissolve a limited partnership or entitle the assignee to become or to exercise any rights […]

Section 359.421 – Rights of judgment creditor of partner.

Effective – 01 Jan 1987 359.421. Rights of judgment creditor of partner. — On application to a court of competent jurisdiction by any judgment creditor of a partner, the court may charge the partnership interest of the partner with payment of the unsatisfied amount of the judgment with interest. To the extent so charged, the […]

Section 359.431 – Right of assignee to become limited partner, when.

Effective – 28 Aug 1990 359.431. Right of assignee to become limited partner, when. — 1. An assignee of a partnership interest, including an assignee of a general partner, may become a limited partner if and to the extent that: (1) The assignor gives the assignee that right in accordance with authority described in the […]

Section 359.441 – Power of estate of deceased or incapacitated partner.

Effective – 01 Jan 1987 359.441. Power of estate of deceased or incapacitated partner. — If a partner who is an individual dies or a court of competent jurisdiction adjudges him to be mentally incapacitated to manage his person or his property, the partner’s executor, administrator, guardian, conservator, or other legal representative may exercise all […]